KMG Chemicals (KMG Chemicals) Debt-to-Equity : 0.74 (As of Jul. 2018)

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What is KMG Chemicals Debt-to-Equity?

KMG Chemicals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2018 was $0.0 Mil. KMG Chemicals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2018 was $306.1 Mil. KMG Chemicals's Total Stockholders Equity for the quarter that ended in Jul. 2018 was $416.1 Mil. KMG Chemicals's debt to equity for the quarter that ended in Jul. 2018 was 0.74.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for KMG Chemicals's Debt-to-Equity or its related term are showing as below:

KMG's Debt-to-Equity is not ranked ^*
in the Chemicals industry.
Industry Median: 0.35
* Ranked among companies with meaningful Debt-to-Equity only.

KMG Chemicals Debt-to-Equity Historical Data

The historical data trend for KMG Chemicals's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

KMG Chemicals Debt-to-Equity Chart

KMG Chemicals Annual Data

Trend

Jul09

Jul10

Jul11

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Debt-to-Equity

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0.50

0.43

0.25

3.03

0.74

KMG Chemicals Quarterly Data
	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18
Debt-to-Equity	Get a 7-Day Free Trial															3.03	0.99	0.88	0.81	0.74

Competitive Comparison of KMG Chemicals's Debt-to-Equity

For the Specialty Chemicals subindustry, KMG Chemicals's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

KMG Chemicals's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, KMG Chemicals's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where KMG Chemicals's Debt-to-Equity falls into.

KMG Chemicals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

KMG Chemicals's Debt to Equity Ratio for the fiscal year that ended in Jul. 2018 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	306.119)	/	416.067
	=	0.74

KMG Chemicals's Debt to Equity Ratio for the quarter that ended in Jul. 2018 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	306.119)	/	416.067
	=	0.74

KMG Chemicals (NYSE:KMG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

KMG Chemicals Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of KMG Chemicals's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

KMG Chemicals (KMG Chemicals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » KMG Chemicals Inc (NYSE:KMG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.kmgchemicals.com

KMG Chemicals Inc manufactures and sells a variety of chemicals and chemical-based products. The firm organizes itself into two segments based on product type. The electronic chemicals segment, which generates the majority of revenue, sells chemicals primarily to manufacturers of semiconductors. The other chemicals segment sells industrial sealants and lubricants primarily to the oil and gas storage and distribution industry as well as wood treatment chemicals used primarily to treat utility poles and cross arms. The majority of revenue comes from the United States.

Executives

Hunter John C Iii	director	C/O PENFORD CORPORATION, 7094 S. REVERE PARKWAY, CENTENNIAL CO 80112-3932
Karen A. Twitchell	director	9 COURTLANDT PLACE, HOUSTON TX 77006
Christopher T. Fraser	director, officer: President and CEO	9555 WEST SAM HOUSTON PARKWAY SOUTH, SUITE 600, HOUSTON TX 77099
Margaret C Montana	director	910 LOUISIANA STREET, HOUSTON TX 77002
George W Gilman	director	710 N. POST OAK RD., SUITE 400, HOUSTON TX 77024
James Gentilcore	director	NINE HAMPSHIRE STREET, MANSFIELD MA 02048
Malinda G Passmore	officer: VP and CFO	9555 W SAM HOUSTON PARKWAY S, SUITE 600, HOUSTON TX 77099
Stephen A Thorington	director	700 MILAM, SUITE 3100, HOUSTON TX 77002
Gendell Jeffrey L Et Al	other: Former 10% Owner	200 PARK AVENUE SUITE 3900, NEW YORK NY 10166